June 22, 2020
Broe Real Estate Group (BREG), an affiliate of Denver-based The Broe Group, launched a $250 million BREG Strategic Investments Program to create expedited capital solutions for liquidity strained commercial real estate properties and ventures that are experiencing distress from COVID-19 related market disruptions. The program provides vital rescue capital solutions to stabilize properties and partnerships that find themselves experiencing liquidity issues.
Among the property types under consideration are existing or under-construction industrial, office, medical office, multifamily, hospitality, and retail properties. The program will target opportunities with individual asset transaction sizes ranging in size from $20 million to $100 million, with a minimum equity requirement of $10 million.
The initial phase of the program will have a Western United States geographical focus, while prioritizing high quality markets, assets, and partners. BREG’s decades of experience with complex transactions enables the consideration of complicated distressed projects that find themselves locked out of traditional capital markets.
For comments, questions or concerns, please contact Dennis Kaiser